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Residential Income Property Near Skiing
For Sale
$1,890,000

7447 W Royal St #209, Park City, UT 84060

Two-bedroom lodge residence with resort amenities, updated mechanical systems, and a private hot tub patio.

Property Size1,347 SF
Price / SF$1,403
Days on Market24

Property Features for 7447 W Royal St #209

General Information

Standard status Active
Size 1,347 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 1

Amenities

underground heated parking
owners' closet
pool
hot tub
BBQ area
fitness center

Building Details

Year Built 1997
Listing Agency: BHHS Utah Properties - Sv
Listed By: Christine Grenney
Source: Chooseparkcity
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 30 at 4:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Utah Properties - Sv

Investment Insights

Based on property information with market context.

This 1,347-square-foot Black Bear Lodge residence includes two en suite bedrooms, a third full bathroom, and an open living area centered around a river rock gas fireplace. The kitchen is fully equipped, while log paneling adds a consistent lodge-style interior finish. A private patio with a hot tub extends the living space outdoors. Recent improvements include central air, a new furnace, a new full-size washer and dryer, and a tankless on-demand water heater.

The residence is located approximately 500 steps from the Sterling Lift, with access to skiing, mountain biking, hiking, dining, shopping, and the spa at Stein Eriksen Lodge. Black Bear Lodge amenities include underground heated parking, an owners' closet, a year-round pool and hot tub, a BBQ area, a fitness center, and a newly installed roof. The property has also generated rental income over the past 5 years.

Key Highlights

  • 1,347‑square‑foot residence with two en suite bedrooms and a third full bathroom
  • Approximately 500 steps from the Sterling Lift
  • Private hot tub patio and river rock gas fireplace

Property Analytics

Current Use

Adventure Cabin at Black ... Hotel & Motel Adobe Hotel & Motel Black Bear Lodge ... Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 84060, UT

8,621
Population
9,160
Households
0.9
Avg Household Size
44
Median Age
65%
College-Educated
95%
High-School Grad
43.8 sq mi
ZIP Area
197
Density / Sq Mi
$132,412
Median Household Income
$50,494
Median Earnings
$1,900
Median Rent
$1,753,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom lodge residence with resort amenities, updated mechanical systems, and a private hot tub patio.
Where is this residential income property located?
The property is located at 7447 W Royal St #209 Park City, UT.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 1,347‑square‑foot residence with two en suite bedrooms and a third full bathroom; Approximately 500 steps from the Sterling Lift; Private hot tub patio and river rock gas fireplace
More about this property
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